10. Economics: equilibrium point. Find the equilibrium point for these demand and supply functions: Demand: q = (x - 8)?, 0 s xs 8, Supply: 4 = x? + x + 13, given that x is the unit price, in dollars, and q is the quantity demanded or supplied, in thousands.

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10. Economics: equilibrium point. Find the equilibrium
point for these demand and supply functions:
Demand: q = (x - 8)?, 0 s xs 8,
Supply: 4 = x? + x + 13,
given that x is the unit price, in dollars, and
q is the quantity demanded or supplied, in
thousands.
Transcribed Image Text:10. Economics: equilibrium point. Find the equilibrium point for these demand and supply functions: Demand: q = (x - 8)?, 0 s xs 8, Supply: 4 = x? + x + 13, given that x is the unit price, in dollars, and q is the quantity demanded or supplied, in thousands.
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